Focus on locations with strong population growth, growing or stable job markets, low operating costs, and no rent control restrictions.

These areas tend to attract more reliable, long-term tenants who are usually more financially stable and take better care of the property.

Just make sure you have stable finances.

Real estate serves as the foundation, generating the income needed to reinvest in initiatives that preserve cultural heritage, create jobs, and support community growth.Diversified Value CreationReal Estate Portfolio: Profits from rental income, property flips, and value-add projects fuel the system.Trade Development: Integrating businesses like plumbing companies creates a pipeline for stable, high-paying careers while addressing labor shortages.Cultural Growth: Revenue is reinvested into programs that promote education, workforce development, and cultural preservation.

A property manager who fosters a positive relationship with tenants can create a more stable, low-maintenance rental experience for the owner.Expectations can definitely vary by property type or asset class.

They are nearing retirement and have children in school.

I live in Jacksonville FL and Just bought my first Duplex in Ashtabula OH.I have a licensed Real Estate Agent, Licensed Property Manager and two Lenders (conventional and Hard).To be honest this is to be my retirement.

We love Duluth and the north shore and hope to "retire" there in the next handful of years.       

I am in the process of accepting a 2 month lease month to month for a retired service member and wanted to just document his service animal as being on the property. 

I am 68 yrs old (semi-retired).